The machine parts procurement AI platform "meviy" (service provider: MISUMI Group Inc.) was awarded the CFS 2024 Digital Transformation Driving Force Award and the 2024 Excellent Artificial Intelligence Leading Force Award at the 13th CFS Finance Summit and Amazing 2024 Innovative Entrepreneur Festival (hereinafter, "CFS Finance Summit"), held in Beijing, China, from July 25 to 26, in recognition of its outstanding innovation and impact on the industry.
MISUMI will continue to provide time value to our global customers in the IA (Industrial Automation) industry through expanding our services and contribute to enhancing their productivity.
About CFS Finance Summit
About CFS Finance Summit
Founded in 2012, the CFS Finance Summit is a summit for all industries in China. Over the past 13 years, it has become the largest cross-industry exchange platform and every year, more than 200 prominent entrepreneurs, economists and scholars are invited to speak at the event, with more than 1,000 representatives from the business, politics, academia and media attending, making it an event representative of the Chinese economy. In previous years, companies such as Haier Group, Volkswagen, iFLYTEK, Pfizer and Siemens have received awards at this event. This year, meviy won both the CFS 2024 Digital Transformation Driving Force Award and the 2024 Outstanding AI Artificial Intelligence Driving Force Award, among many companies and services in China.
CFS Finance Summit official website: http://www.yijingji.com/
The points on which meviy was awarded
The points on which meviy was awarded
＜CFS 2024 Digital Transformation Driving Force Award＞
meviy, which allows customers to get an instant, automated quote simply by uploading 3D data of machine parts, has revolutionized the traditional process of getting quotes and procuring make-to-order parts. And in doing so, it has contributed to a significant increase in productivity in the manufacturing industry. In addition, meviy's digital transformation through the advanced use of big data and AI technologies has produced outstanding results, and its use of AI for estimating is innovative. All of these aspects have been recognized, leading to the award.
At meviy, AI technology has been successfully applied to the specific business process of machine parts procurement, and the entire process, including the procurement and processing of make-to-order parts, has been successfully "intelligently" managed. In addition, meviy has brought innovation to AI technology and enabled its use in the field, promoting digital transformation and the intelligentization of the entire manufacturing industry. All of these aspects have been recognized and led to the award.
Two trophies:
CFS 2024 Digital Transformation Driving Force Award and 2024Excellent Artificial Intelligence Leading Force Award
Comment from the person in charge: Wei Zhang, meviy Division Director, MISUMI China
Comment from the person in charge: Wei Zhang, meviy Division Director, MISUMI China
“meviy will continue to evolve, expand its product categories, and contribute to the digital transformation of manufacturing in China and around the world. Through continuous technological innovation and service improvement, MISUMI will work hand in hand with more Chinese companies to make domestic and overseas manufacturing more efficient and sustainable.”
About meviy
About meviy
With meviy, customers simply upload a 3D CAD model of a mechanical component, the AI automatically provides an instant quote, and our digital manufacturing system enables an order to be shipped in as little as one day.
meviy is a platform that eliminates perceived inefficiencies in parts procurement by reducing the time customers traditionally spend procuring mechanical components by more than 90%.
meviy received the Prime Minister's Prize at the Ninth Monodzukuri Nippon Grand Awards, achieved the No. 1 market share in Japan for three consecutive years, and is highly regarded for its contributions to improving productivity in the manufacturing industry. For our global customers, the range of services on each meviy website is expanding. meviy delivers "time value" to customers worldwide through digital transformation in component procurement.
meviy website https://meviy.misumi-ec.com/
Customer testimonials https://jp.meviy.misumi-ec.com/info/ja/archives/category/case/user_case/
About MISUMI
About MISUMI
MISUMI sells mechanical components required on-site for factory automation, as well as tools, consumables, and other products to more than 318,000 companies (as of March 2024) worldwide. We wear two hats: a manufacturer with manufacturing functions and a distributor of other company’s branded products.
With this unique business model, supported by a solid business foundation, MISUMI achieves "globally reliable on-time delivery" for greater customer convenience.
For inquiries regarding this press release
For inquiries regarding this press release
Please contact Matsubara
MISUMI's e-Commerce Site
We supply custom parts for automation devices and equipment, dies/molds, tools, consumables, and more, with same-day shipping at the earliest. Products from more than 3,000 domestic and international third-party brands, including MISUMI, are offered.
MISUMI's Digital Machine Parts Procurement Service
Instant quote via 3D data upload, with the fastest delivery in as little as one day
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